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Savings Accounts

Achieve your savings goals with Beacon Bank Personal & Relationship Savings accounts.
Personal Savings. Let your savings grow.

Build your emergency fund or start saving for your goals with just $25 to open. No monthly fee when you keep a balance of $250 or more.

Features & Benefits

  • Earn interest with balances as low as $10
  • Free online & mobile banking
  • eStatements and easy transfers
Achieve your savings goals with Relationship Savings.

For Checking Plus and Premium Checking customers, Relationship Savings offers interest earnings with no minimum balance and no monthly maintenance fee.

Features & Benefits

  • Earn interest
  • No monthly maintenance fee
  • Free debit card and online transfers

Savings and Money Market Accounts Comparison

FeaturePersonal Savings
Relationship Savings
Personal Money Market
Relationship Money Market
Opening Deposit
$25$25$25$25

Monthly Maintenance Fee

$5None$10None
Average Daily Balance to Avoid Monthly Maintenance Fee*
$250None$2,500None
Earns Interest
YesYesYesYes
Check Writing
NoNoYesYes
Relationship RequiredNoYes, Checking Plus or Premium CheckingNoYes, Checking Plus or Premium Checking

Beacon Bank also offers 18/65 Savings, with reduced/waived fees for customers in Massachusetts ages 18 and under or 65 and over. Ask for details or review our Savings and Money Market Accounts Disclosure.

*Refer to the full Consumer Truth in Savings Disclosure for additional account information.

Beacon Bank is a full-service financial institution with branches in MA, CT, VT, NY, and RI.